Working Paper
Crowding out effects of financial knowledge and attitude on risk preferences
Using hand-collected survey and experimental data, we examine the determinants of financial literacy as well as the link between self-reported risk and elicited risk preferences in a least developed African country, Guinea. We measure financial...
Working Paper
Household tipping points in the face of rising electricity tariffs in South Africa
Since the start of sharp electricity tariff increases in 2008, South African household demand for electricity has not been significantly affected. However, the combination of economic realities and ongoing electricity tariff increases will eventually...